Kaynes Technology India has a quick ratio of 1.59. It generally indicates good short-term financial strength.
The historical rank and industry rank for Kaynes Technology India's Quick Ratio or its related term are showing as below:
NSE:KAYNES'
s Quick Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.11 Max: 2.77
Current: 1.59
During the past 7 years, Kaynes Technology India's highest Quick Ratio was 2.77. The lowest was 0.57. And the median was 1.11.
NSE:KAYNES's Quick Ratio is ranked better than 55.22% of 2492
companies
in the Hardware industry
Industry Median: 1.46
vs NSE:KAYNES: 1.59
Kaynes Technology India (NSE:KAYNES) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Kaynes Technology India Quick Ratio Related Terms
Kaynes Technology India Quick Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Components subindustry, Kaynes Technology India's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kaynes Technology India Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Kaynes Technology India's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Kaynes Technology India's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Kaynes Technology India's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kaynes Technology India (NSE:KAYNES) has a Quick Ratio of 1.59 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kaynes Technology India and its competitors. This is 43% above median its historical median of 1.11. Over the past decade, Kaynes Technology India's Quick Ratio has ranged from 0.57 to 2.77. According to the industry distribution chart, Kaynes Technology India ranks #1116 out of 2492 companies in the Hardware industry, placing it in the top 44.8%.
Is Kaynes Technology India's Quick Ratio too high?
Kaynes Technology India's current Quick Ratio of 1.59 is 43% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.77. The Hardware industry median Quick Ratio is 1.46. Kaynes Technology India's value of 1.59 is 8.9% above this industry median. Based on the distribution chart, Kaynes Technology India ranks #1116 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Kaynes Technology India has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaynes Technology India's Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kaynes Technology India ranks #1116 out of 2492 companies for Quick Ratio. This puts Kaynes Technology India in the upper half of its industry. The industry median Quick Ratio is 1.46. Kaynes Technology India's value of 1.59 is 8.9% above this benchmark. Historically, Kaynes Technology India's own Quick Ratio has ranged from 0.57 to 2.77 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.46, Kaynes Technology India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,492 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kaynes Technology India's current Quick Ratio of 1.59 is 8.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kaynes Technology India and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaynes Technology India's current Quick Ratio is 1.59, which is 43% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaynes Technology India stock overvalued right now?
Based on GuruFocus' analysis, Kaynes Technology India (NSE:KAYNES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,765.35, compared to a current price of ₹3,333.80 — trading 50.7% below its estimated fair value. The current Quick Ratio is 1.59, which is 43% above median its 10-year median of 1.11 and 8.9% above the Hardware industry median of 1.46. Kaynes Technology India's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Kaynes Technology India (NSE:KAYNES), the current Quick Ratio is 1.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kaynes Technology India (NSE:KAYNES) Overvalued in 2026?
Based on GuruFocus' analysis, Kaynes Technology India stock appears to be undervalued.
The current stock price of ₹3,333.80 is trading 50.7% below its estimated GF Value™ of ₹6,765.35.
GuruFocus considers Kaynes Technology India to be Possible Value Trap.
Key valuation signals for NSE:KAYNES:
Quick Ratio: 1.59 (43% above median its 10-year median of 1.11)
GF Value™: ₹6,765.35 vs. price of ₹3,333.80 (50.7% below fair value)
Industry Position: 8.9% above the Hardware median (#1116 of 2492)
No single metric tells the full story. See the NSE:KAYNES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaynes Technology India Ltd is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things, Information Technology and other segments. The Company operates predominantly in one business segment which is Electronics Manufacturing Services.
83GF Score
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